Supreme Court orders possession for homebuyer, overrules NCLAT’s “belated claim” tag.
The Supreme Court held that the appellants’ claim was duly verified and admitted under the resolution plan, entitling them to possession of the apartment, and could not be relegated to a reduced refund under the belated claims clause.
Court:
Supreme Court of India
Case:
Civil Appeal No. 4296 of 2025
Amit Nehra & Anr. vs. Pawan Kumar Garg & Ors.
Date of Judgement:
September 09, 2025
Act:
Insolvency and Bankruptcy Code, 2016 (IBC)